📊 Large Cap Fund · Deep Analysis

SBI Large Cap FUND

SBI Mutual Fund · Direct Growth · SEBI Category: Large Cap

Current NAV ₹100.8953 (+0.01% today) As of 04 Jun 2026
1 Year Return +0.3%
3 Year CAGR +11.2% p.a.
5 Year CAGR +11.5% p.a.
AAUM ₹52.8K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,574 daily NAV records
Fund Overview

SBI Large Cap FUND — Quick Summary

SBI Large Cap Fund is managed by SBI Funds Management — the asset management subsidiary of State Bank of India, India's largest public sector bank. The fund has the advantage of SBI's nationwide reach and brand trust, making it one of the more widely distributed large cap funds in India. It invests at least 80% of its assets in large cap stocks — SEBI's top 100 companies by market capitalisation.

The fund uses the BSE Sensex TRI as its benchmark — making it one of the few large cap funds benchmarked against the Sensex rather than the Nifty 100. This means its performance comparison is against India's 30 largest companies rather than the top 100, which creates a different risk-return profile than Nifty 100-benchmarked peers. The portfolio is diversified across banking, technology, consumer goods, energy and industrial sectors.

Fund House
SBI Mutual Fund
SEBI Category
Large Cap
Benchmark
BSE Sensex TRI
Fund Manager
Dinesh Ahuja
AMFI Code
119598
Risk Level
Very High
NAV Records in DB
2,574 days
Quarterly Average AUM · Jan–Mar 2026
₹52.8K Cr
↓ Decreased by 1.4% vs Oct–Dec 2025 · ₹53.5K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
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✓ Suitable For
Investors who trust the SBI brand and want large cap equity exposure managed within that ecosystem. Conservative first-time equity investors wanting a simple, no-frills large cap fund. Those investing through SBI bank branches or the YONO platform where this fund is prominently available.
Strong SBI brand trust and widest distribution network in India. Conservative, disciplined approach to large cap investing. Suitable as a first equity fund for investors comfortable with the SBI ecosystem. Consistent track record across multiple market cycles.
✗ Not Suitable For
Investors seeking high alpha or aggressive growth — SBI Large Cap Fund is a conservative, steady fund, not an outperformer. Those wanting mid cap or small cap exposure — this fund stays in large caps. Investors comparing against index funds — the expense ratio differential versus a Nifty 50 index fund is worth evaluating carefully.
Who Runs This Fund

Fund Manager

DA
Dinesh Ahuja
SBI Mutual Fund · Managing since October 2018

Dinesh Ahuja has been managing the SBI Large Cap Fund since October 2018 and is part of the equity team at SBI Funds Management — the asset management arm of State Bank of India, India's largest public sector bank with a nationwide distribution network.

For current co-manager details and full biography, refer to the latest SBI Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 119598
The official AMFI scheme code for SBI Large Cap FUND Direct Growth is 119598. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
The Sensex TRI benchmark contains only 30 stocks versus Nifty 100's top 100 — this makes the benchmark comparison less stringent than peers. Always compare performance against both Nifty 50 TRI and Nifty 100 TRI for a complete picture. Also compare against SBI Nifty Index Fund if passive alternatives interest you.
Investment Objective
As per Scheme Information Document
To provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of equity stocks of companies whose market capitalisation is at least equal to or more than the least market capitalised stock of S&P BSE 100 Index.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Large Cap Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
SBI Large Cap Fund ▲ ₹100.90 ₹52.8K Cr Jan–Mar 2026 +0.3% +11.2% p.a. +11.5% p.a. 0.45
Mirae Asset Large Cap Fund ₹121.53 ₹39.4K Cr Jan–Mar 2026 -2.4% +10.5% p.a. +10.2% p.a. 0.39
Axis Large Cap Fund ₹65.56 ₹31.8K Cr Jan–Mar 2026 -4.2% +9.5% p.a. +7.7% p.a. 0.28
HDFC Large Cap Fund ₹1,166.33 ₹38.0K Cr Jan–Mar 2026 -3.8% +11.4% p.a. +12.2% p.a. 0.45
Canara Robeco Large Cap Fund ₹68.50 ₹16.7K Cr Jan–Mar 2026 -4.2% +11.9% p.a. +11.1% p.a. 0.51
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,574 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-0.5%
3 MonthPoint-to-point
-3.1%
6 MonthPoint-to-point
-5.0%
1 YearPoint-to-point
+0.3%
3 YearCAGR
+11.2% p.a.
5 YearCAGR
+11.5% p.a.
10 YearCAGR
+12.7% p.a.
₹1 Lakh → 5YLump sum growth
₹170,278

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+93.8%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-29.2%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+34.8% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
-5.5% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+10.5%
2024
+13.2%
2023
+23.5%
2022
+5.1%
2021
+27.0%
2020
+17.2%
2019
+12.5%
2018
-3.1%
2017
+31.7%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
15.3%
Positive in 87% of windows
Best: 93.8% · Worst: -29.2%
3Y Rolling Avg
14.6% p.a.
Positive in 98% of windows
Best: 34.8% · Worst: -5.5%
5Y Rolling Avg
15.8% p.a.
Positive in 100% of windows
Best: 28.3% · Worst: 10.0%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-37.1%
Jan 2020 → Mar 2020
Recovered: Nov 2020 (11 mos)
Current from Peak
-6.6%
All-time Peak: ₹108.21
Peak date: Jan 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-15.2%
Sep 27, 2024 – Apr 7, 2025
Recovered: Oct 2025 (11 mos)
COVID-19 Crash
-36.1%
Feb 19 – Mar 23, 2020
Recovered: Nov 2020 (11 mos)
2022 Rate Hike Cycle
-15.5%
Jan 17 – Jun 17, 2022
Recovered: Sep 2022 (4 mos)
2018 IL&FS Crisis
-14.7%
Aug 28 – Oct 26, 2018
Recovered: May 2019 (10 mos)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.45
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
0.64
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
12.2%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
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Want to see what SBI Large Cap FUND is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Large Cap Funds

See how SBI Large Cap FUND ranks against other Large Cap funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.